Sawaal

 Business Awareness Questions

Popular Latest Rated
Q:

The supply curve for a monopolist is

A) Verticle B) Horizontal
C) Downward sloping D) Doesn't exist
 
Answer & Explanation Answer: D) Doesn't exist

Explanation:

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 1065
Q:

Which type of unit is charged with regulating business?

Answer

Commission is charged with regulating business.

Report Error

View answer Workspace Report Error Discuss

Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

3 1060
Q:

How much loan amount was sanctioned by The World Bank to help India develop its first modern waterway?

A) $575 million B) $275 million
C) $375 million D) $475 million
 
Answer & Explanation Answer: C) $375 million

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT

7 1057
Q:

Quality assurance is an example of which process?

A) Testing B) Manufacturing
C) Delivering D) None of the above
 
Answer & Explanation Answer: A) Testing

Explanation:

Quality assurance (QA) is a way of preventing mistakes and defects in manufactured products and avoiding problems when delivering solutions or services to customers.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1041
Q:

A raise in the price of a product causes

A) an increase in competition B) an increase in demand
C) a decrease in competition D) a decrease in supply
 
Answer & Explanation Answer: A) an increase in competition

Explanation:

The raise in the price of a product may be due to increase in cost of production, increase in the demand of the product and increase in the margin.

 

When the price of a product increases its demand may fall as per the Law of Demand and an increase in the competition.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 1039
Q:

Which of the following does not motivate entrepreneurs?

A) Security B) Profit
C) Freedom D) Innovation
 
Answer & Explanation Answer: A) Security

Explanation:

Security in a business does not motivate entrepreneurs. An entrepreneurs primary motivation to start a business is to be independent.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1024
Q:

A monopoly is a market that has

A) single seller B) single buyer
C) single seller and single buyer D) a seller but no buyer
 
Answer & Explanation Answer: A) single seller

Explanation:

A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 1016
Q:

The advantages of being an entrepreneur are

A) making the important decisions B) you choose the work you like to do
C) opportunity to be your own boss D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1016